Ryan Duncan- Kelowna Mortgage Broker

Fixed rates are at some of the lowest levels we've ever seen. If you need a mortgage within the next 4 months, get a rate hold NOW. It doesn't cost you anything to grab on to today's amazing rates!

There are definitely ways you can improve your ability to qualify for a mortgage. To get an idea of what strategies will work best for you, we should have a conversation as early in the process as possible. Being well-prepared will reduce stress and possibly save you money. Get in touch and make sure your experience is both happy and successful!

Who do you know looking for an Adult Orientated Golf Community to live the Kelowna Life in? Please share this with them!

It’s frustrating that mortgages are always advertised based on rate, especially since cheapest is not always best and, as they say: "the devil is in the details". Once you read the fine print, you may find you don’t qualify for that rate, and often there are restrictions and fees that could cost you in the long run. Important mortgage privileges those that can save you money and give you flexibility don’t fit in a rate ad... but they're key in building you the right mortgage matched to your needs and goals. If you're seeing low online rates, do all of the research you can, but be sure to get in touch to discuss!

"Instead of rushing to complete your dream renovation, it’s important to prioritize taking on those tasks that will be good for the overall health of your home." Great advice! Make a list of renovation 'needs' and 'wants' and go from there.

RRSP contribution limits and more...

An annual mortgage checkup is an important stepping stone for long-term success. It will help make sure you’ve: determined if you can take advantage of today’s ultra-low pandemic rates; looked at maximizing your mortgage principal reduction; ... consolidated debt for one manageable payment, improved cash flow, and interest savings (if you have enough equity); and, accessed the lowest-cost funds for large looming expenses. I'll help make sure your mortgage incorporates what may be ahead: it could pay big dividends and is the best way to get you where you’re going in your financial future. Book a consultation today!

Will prices go up or down? How about rates? Here are some predictions... but nobody can say for certain what the future holds. Stay focused on your goals and get in touch for expert mortgage advice tailored to your situation.

This is good info for anyone planning to buy their first home.

If you need help polishing your score so you can qualify for the best rates, get in touch.

The Bank of Canada has announced it is maintaining the benchmark rate, noting that Canada’s economic recovery will continue to require extraordinary monetary policy support. The Bank says it will hold the policy interest rate at the effective lower bound until economic slack is absorbed so that the two per cent inflation target is achieved, which the Bank doesn’t expect to happen until sometime in 2023. The next rate-setting day is January 20th, 2021. The beginning of the new year will be a great time to get in touch for a review of your mortgage strategy. It's important to get advice and a personal assessment of your situation if you want to switch your mortgage for a lower rate, need a new mortgage, are renewing or looking to refinance for debt consolidation, renovations or other large expenditures.